Developing and maintaining a third party risk management (TPRM) program can help to reduce the overall risk to your organization. What is TPRM? In short, it is the process of analyzing and mitigating risks associated with working relationships with outside entities. These parties can include everyone from contractors providing janitorial services to suppliers of a…
Cybersecurity is always changing and evolving as threats grow. Here are ideas that you can start on today that will help reduce your risk and improve your cybersecurity posture: 1. Require Multi-Factor Authentication Having multi-factor authentication (MFA) is essential for granting access to confidential data. It helps to reduce the risk of credential loss and…
The 2022 tax-filing deadline is fast approaching for many not-for-profit organizations. If you operate on a calendar-year basis, your filing deadline is May 15, 2023. Otherwise, you must file by the 15th day of the fifth month following the close of your nonprofit’s fiscal year. Whichever deadline you’re aiming for, your tax records need to be organized (and, hopefully, by this time turned over to your tax preparer) so you’ll be able to file without any major hiccups.
In early March, Silicon Valley Bank (SVB) and Signature Bank unexpectedly collapsed. They became the second and third largest bank failures in U.S. history, respectively. The largest collapse involved Washington Mutual in 2008, precipitating the Great Recession. (See “Two Banks Collapse in One Week” at right.)
Sage Intacct is a flexible and configurable accounting software solution is built on a true cloud configuration, so you can access Enterprise Resource Planning software over the intranet. Sage Intacct brings robust technology infrastructure to any organization, making it easy to share data and integrate with best-of-breed solutions without the sky-high IT costs.
Sage Intacct is a flexible and configurable accounting software solution is built on a true cloud configuration, so you can access Enterprise Resource Planning software over the intranet. Sage Intacct brings robust technology infrastructure to any organization, making it easy to share data and integrate with best-of-breed solutions without the sky-high IT costs.
Budgeting and Planning Solutions that Replace Excel
Growing rapidly and close to meeting their ambitious $10M capital campaign goal, Out Teach’s leadership team realized they needed additional resources to support the current and future needs of the organization.
By Jim Norton, CPA This article was published in the Fall 2022 issue of Connecticut CPA. If your organization is still generating manual reports, printing paper checks, and/or collecting antiquated expense reports, it’s time to revisit your finance and accounting software. Not-for-profits and associations are experiencing the same pain points as their corporate counterparts, including…
Is your accounting team burdened by existing financial management processes? Learn how the right technology and implementation partner can make your accounting operations simple and efficient.